a16z Crypto closes $2.2B fifth fund, promotes CTO to general partner
TL;DR Summary
Andreessen Horowitz’s crypto arm a16z crypto has raised $2.2 billion for its fifth fund and promoted CTO Eddy Lazzarin to general partner, keeping Fund 5 crypto-focused across all stages. The move follows a shift toward real adoption and on-chain infrastructure, with the firm noting smaller fund size (vs. the $4.5B fourth fund) to align with faster fundraising cycles and evolving crypto trends, while highlighting themes like stablecoins and clearer regulation.
- a16z crypto raises $2.2 billion for fifth fund, promotes CTO to general partner The Block
- Fund 5 a16z crypto
- Andreessen Horowitz Raises New $2.2 Billion Crypto Fund Bloomberg.com
- Andreessen Horowitz's new $2.2 billion crypto fund is chasing stablecoins, DeFi, and the builders no one is watching CoinDesk
- Crypto Powerhouse A16z Raises $2.2 Billion For Fifth Fund Forbes
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